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ALTISOURCE ANNOUNCES WIND DOWN AND CLOSURE OF OWNERS.COM TO INCREASE FOCUS ON CORE BUSINESSES

Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close Owners.com’s operations. The Company believes that closing Owners.com supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

"Owners.com has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing Owners.com is in Altisource’s best interests given the time horizon and level of additional investments needed in order for Owners.com to operate independently. I am proud of the very talented and dedicated Owners.com team and want to thank them for their contributions."

Listing provided by: Martha Smith 

Listing courtesy of: Keller Williams Coastal Realty |  (603) 610-8500 

SOLD
Sold in 73 days
31 Woodridge Rd
Durham, NH 03824
4 Beds
3 Baths
2,192 ft2
Sold for
$370,000
Owners.com Estimate:
Estimated Payment:$1,408/mo

People drive for miles to come to the Woodridge fields to play tennis, soccer, baseball or play on the playground equipment

If you lived at 31 Woodridge you could leave your car in the garage and walk to all these activities. This lovely, well maintained Colonial home, situated on 1.59 acres, provides a warm and inviting space for family and friends to gather. The home features 4 bedrooms, 2-1/2 baths, living room, formal dining room, eat in kitchen, family room, sun room and a first floor laundry. Plus, a two level deck overlooking the perennial gardens and woods. Walking or Biking distance to downtown Durham and the University of New Hampshire. Showings will begin on Saturday May 4th at the Open House from 11:00 to 2:00.

Property type
Residential
Structure
Two Story
Year built
1966
Parking
Driveway - Paved, Garage, Parking Spaces 4
Price/Sqft
$171
MLS #
4748317
Lot Size
69260 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features

Rooms

Bedrooms: 4
Virtual Tour: virtual tour | Room Types: Living Room | Basement: true, Walkout, Concrete, Full, Stairs - Interior, Sump Pump, Unfinished, Exterior Access

Bathrooms

# of Full Bathrooms: 1
# of Quarter Bathrooms: 0
# of Half Bathrooms: 1
# of Three Quarter Bathrooms: 1

Interior

Features: CO Detector, Attic, Ceiling - Fan(s), Kitchen/Family

Exterior

Features: Deck, Patio

Building

Property Types: Residential, Single Family Home | Year Built: 1966 | Structure: Two Story | Architecture: Colonial | Construction: Frame - Wood | Roof: Shingle - Architectural | Siding: Cedar, Clapboard | Foundation: Concrete | Floors: Wood - Hard, Vinyl

Garage & Parking

Parking: Driveway - Paved, Garage, Parking Spaces 4 | Garage: true, Under

Lot

Lot size: 1.59 acres | Lot size: 69260 sqft | Lot Features: Landscaped, Level, Wooded | Zoning: Res

Location

Subdivision: Woodridge | Directions: Mill Road to Woodridge. Left on Woodridge. Bare left and the house is on the left. | MLS #: 4748317

Appliances

Appliances: Dishwasher, Exhaust Hood, Refrigerator, Stove - Electric, Water Heater - Off Boiler

Heating & Cooling

Air Conditioning: Wall Unit(s) | Heating: Electric, Gas - LP/Bottle, Oil, Baseboard, Hot Water | Fireplaces: Fireplace - Gas, Kitchen/Dining

Utilities & Security

Utilities: Electric - 200 Amp, Electric - Circuit Breaker(s) | Sewer Service: 1000 Gallon, Leach Field - Existing, Private, Septic | Water Source: Drilled Well, Private | Safety and Security: Smoke Detectr-Batt Powrd

Accessibility

Accessibility: 1st Floor 1/2 Bathroom, 1st Floor Hrd Surfce Flr, Paved Parking, 1st Floor Laundry

School

School District: Oyster River Cooperative | Elementary School: Moharimet School | Middle School: Oyster River Middle School | High School: Oyster River High School

Owners.com Estimated Value

We calculate the Owners.com Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Source: County(Public) Records

School Information

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Local Insights

Tools for buyers

Data provided by: New England Real Estate Network
Last detected update: July 16, 2019 11:33AM EST ~ Verified on November 15, 2019 05:56AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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